3, MILL LANE, HOUGHTON CONQUEST, BEDFORD, MK45 3NF - £198,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MILL LANE is a very small detached house of 60m², built sometime between 1950 and 1966, which could now be worth an estimated £388,609. It was last sold for £198,000 in May 2011, which was around 38% below the average May 2011 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

3 MILL LANE Sold Prices

Land registry data shows two sales for 3 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 3 MILL LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 26 MAY	£198,000	£317,715	38% below HPI
2000 24 JUL	£112,500	£178,927	37% below HPI

3 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 3 MILL LANE sales from July 2000 and May 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2000 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2011 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 3 MILL LANE be worth now?

3 MILL LANE might now be worth an estimated £388,609.

This is based on house price inflation of 96.3%, between May 2011 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 96.3% inflationary increase is applied to the most recent sale price for 3 MILL LANE of £198,000 on 26th May 2011. For the value to have increased from £198,000 to £388,609 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 3 MILL LANE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The May 2011 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILL LANE has not materially changed since May 2011.

How Large is 3 MILL LANE?

3 MILL LANE is 60m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses houses in Houghton Conquest, based on EPC data. The below chart shows the distribution of detached houses houses by size in Houghton Conquest, and where 3 MILL LANE lies on this distribution: Less than 1% of detached houses houses are smaller than 3 MILL LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Houghton Conquest.

3 MILL LANE: Plot and Title Map

3 MILL LANE sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 3 MILL LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 MILL LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 MILL LANE?

3 MILL LANE is located in HOUGHTON CONQUEST, in the MK45 postcode district. The below map shows the position of No. 3 on MILL LANE.